[Peace-discuss] Wayne calls out Krugman
E. Wayne Johnson
ewj at pigs.ag
Mon Apr 27 18:37:55 CDT 2009
The only possible success I can see is choose option 1,
otherwise we will reap corruption and the so-called reverse midas touch.
What we are experiencing now is plunder.
Bob Illyes wrote:
> Krugman is one of the people to the Left who is tearing his hair out
> about the same Bush/Obama response to large bank failure that the
> Right is tearing its hair out over.
>
> There are only two rational responses to the failure of the large banks:
>
> 1) Let them fail or
> 2) Put them through the usual reorganization imposed on smaller banks
> when they become insolvent.
>
> We are so far doing neither, which is mad.
>
> Krugman is partial to the latter solution. He's very uneasy about the
> large sums of pretty much no-strings money being injected into large
> banks.
>
> Bob
>
>
> _______________________________________________
> Peace-discuss mailing list
> Peace-discuss at lists.chambana.net
> http://lists.chambana.net/cgi-bin/listinfo/peace-discuss
>
>
More information about the Peace-discuss
mailing list